Louisiana 2016 2016 1st Special Session

Louisiana Senate Bill SCR6 Comm Sub / Analysis

                    The original instrument was prepared by Lenore Heavey. The following digest, which
does not constitute a part of the legislative instrument, was prepared by James Benton
III.
DIGEST
SCR 6 Engrossed 2016 First Extraordinary Session	Allain
Creates a task force to meet and study state and local taxation laws with respect to local government
funding from ad valorem taxes on inventory, ad valorem taxes on vessels in Outer Continental Shelf
Lands Act Waters, and the state associated tax credits. 
The task force is to be comprised of 21 members that include members of the Senate and the House
of Representatives, industry representatives, local and state government representatives, a public
interest representative, the faculty member with revenue forecasting experience serving on the
Revenue Estimating Conference, the Legislative Auditor, and a representative from the American
Federation of Labor and Congress of Industrial Organizations. 
Requires that the task force meet monthly or as needed, starting no later than July 31, 2016, and
report its findings and recommendations to the president of the Senate and the speaker of the House
of Representatives, no later than February 1, 2017.
Requires that the legislative members shall elect the chairman.
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Revenue and Fiscal Affairs to
the original bill
1. Specifies that legislative members elect the task force chairman.
2. Makes provisions regarding the frequency of meetings.
3. Adds an additional member to the task force.